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CORRECTED-Morgan Stanley stays bullish on US stocks (July 21)
July 21 (Reuters) - Morgan Stanley backed its bullish stance on U.S. equities on Monday, citing strong earnings momentum, and said it was expecting a modest pullback in the third quarter that could create an opportunity to buy the dip.The Wall Street brokerage is leaning more towards its bull case o...Reuters
Tue, Jul 22
FOREX-Dollar dithers as investors await more tariff clarity
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors await progress in more trade talksBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, July 22 (Reuters) - The dollar edged up on Tuesday, but activity across the currency market was subdued...Reuters
Tue, Jul 22
USD/JPY extends its recovery, nearing 148.00 with trade talks on focus
The US Dollar is trading higher against the Japanese Yen on Tuesday as the market digests the results of last week’s elections in Japan and shifts the focus back to the uncertain trade relationship between both countries.The Yen reacted positively to the election results, as the defeat of the ruling
Fxstreet
Tue, Jul 22
Pound Sterling trades calmly against US Dollar as investors await updates on US tariffs
The Pound Sterling (GBP) trades broadly sideways against the US Dollar (USD) around 1.3470 during the European trading session on Tuesday. The GBP/USD pair ticks down slightly as the US Dollar gains ground after Monday’s corrective move.
Fxstreet
Tue, Jul 22
USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.3700
USD/CAD gains ground after two days of losses, trading around 1.3690 during the early European hours on Monday. However, the bearish bias persists as the daily chart’s technical analysis indicates that the pair moves sideways within the descending channel pattern.
Fxstreet
Tue, Jul 22
EUR/GBP strengthens above 0.8675, traders brace for ECB rate decision
The EUR/GBP cross edges higher to near 0.8675 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) is expected to hold the interest rate steady at its July meeting on Thursday.
Fxstreet
Tue, Jul 22
Compass Group Reports 8.6% Organic Revenue Growth In Q3
July 22 (Reuters) - Compass Group PLC CPG.L:IF CURRENT SPOT RATES WERE TO CONTINUE, FOREIGN EXCHANGE TRANSLATION WOULD NEGATIVELY IMPACT FISCAL 2024 REVENUE BY $57MIF CURRENT SPOT RATES WERE TO CONTINUE, FOREIGN EXCHANGE TRANSLATION WOULD NEGATIVELY IMPACT FISCAL 2024 OPERATING PROFIT BY $13MUPGRADI...Reuters
Tue, Jul 22
UK borrows 20.7 billion pounds in June, ONS says
LONDON, July 22 (Reuters) - Britain's government borrowed 20.68 billion pounds ($27.86 billion) in June, official data showed on Tuesday.A Reuters poll of economists showed a median forecast of 16.5 billion pounds for public sector net borrowing last month.($1 = 0.7423 pounds)Reuters
Tue, Jul 22
FOREX-US dollar indecisive as investors await more tariff clarity
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors eyeing progress in more trade talksBy Rae Wee SINGAPORE, July 22 (Reuters) - The U.S. dollar traded in a tight range on Tuesday after a brief fall at the start of the week, as investors wa...Reuters
Tue, Jul 22
USD/INR opens higher on foreign funds outflow, delay in US-India trade deal
The Indian Rupee (INR) opens on a negative note against the US Dollar (USD) on Tuesday. The USD/INR pair extends its winning streak for the fourth trading day, trades higher close to a four-week high around 86.50.Fxstreet
Tue, Jul 22
USD/CHF softens to below 0.8000 as tariff uncertainty continues
The USD/CHF pair trades with mild losses near 0.7980 during the Asian trading hours on Tuesday, pressured by a weaker US Dollar (USD) and lower Treasury yields. Investors remain cautious ahead of the US deadline of August 1 for countries to strike trade deals with the US or face more tariffs.
Fxstreet
Tue, Jul 22
Yuan slips as corporate dollar demand offsets boost from possible Trump-Xi meet
SHANGHAI, July 22 (Reuters) - China's yuan slipped against the dollar, which drew strong corporate demand during Tuesday's session and offset improved sentiment on reports the leaders of the world's two largest economies were planning to meet.Aides to U.S. President Donald Trump and Chin...Reuters
Tue, Jul 22
